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1146 W Randolph St 5,000 SF of Office/Retail Space Available in Chicago, IL 60607
Highlights
- Prime West Loop Randolph St., Free Standing, two levels, large open space, sandblasted exposed brick, heavy timber throughout.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,000 SF | 5-10 Years | $95.00 /SF/YR $7.92 /SF/MO $475,000 /YR $39,583 /MO | Triple Net (NNN) |
1st Floor
Located along Fulton Market’s premier retail corridor, 1146 W Randolph Street offers a rare opportunity for restaurant, retail, showroom, or event users to establish a presence in one of Chicago’s most sought-after neighborhoods. Positioned on Randolph Street, the property is surrounded by some of the city’s most celebrated restaurants, prominent retailers, boutique hospitality, and major office headquarters. The building features approximately 5,000 square feet of above-grade space across two levels, plus an additional 1,250 square feet of lower-level space. The lower level will be delivered together with the first-floor space, while the second floor may be demised separately for an additional tenant. The space will be delivered in warm gray shell condition and has been stripped back to showcase its authentic Fulton Market character, including sandblasted exposed brick, heavy timber construction, and open, flexible floor plates. With strong Randolph Street presence, distinctive architectural character, and convenient access to public transportation just two blocks away, 1146 W Randolph is ideally suited for a flagship restaurant, national/boutique retail concepts, showroom, or elevated event venue.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 13 - 40 People
- Space has been stripped out
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 5,000 SF | Gross Leasable Area | 6,200 SF |
| Property Type | Retail | Year Built | 1921 |
| Property Subtype | Restaurant |
| Total Space Available | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,200 SF |
| Year Built | 1921 |
About the Property
Located along Fulton Market’s premier retail corridor, 1146 W Randolph Street offers a rare opportunity for restaurant, retail, showroom, or event users to establish a presence in one of Chicago’s most sought-after neighborhoods. Positioned on Randolph Street, the property is surrounded by some of the city’s most celebrated restaurants, prominent retailers, boutique hospitality, and major office headquarters. The building features approximately 5,000 square feet of above-grade space across two levels, plus an additional 1,250 square feet of lower-level space. The lower level will be delivered together with the first-floor space, while the second floor may be demised separately for an additional tenant. The space will be delivered in warm gray shell condition and has been stripped back to showcase its authentic Fulton Market character, including sandblasted exposed brick, heavy timber construction, and open, flexible floor plates. With strong Randolph Street presence, distinctive architectural character, and convenient access to public transportation just two blocks away, 1146 W Randolph is ideally suited for a flagship restaurant, national/boutique retail concepts, showroom, or elevated event venue.
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
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1146 W Randolph St
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